For rentals, focus on properties that generate solid cash flow after covering mortgage, taxes, insurance, and maintenance.

If rents don't outpace inflation, you can't achieve financial freedom—no matter how many properties you own.For example, let's say you buy property in a city where rents increase by 2% annually, while inflation averages 4% per year.

- Do you have an in-house maintenance team? 

I assume you have looked up your property on Air DNA, this is the best way to determine STR annual income. 2.

The new investment earns $24,000 a year, but the mortgage + the equity loan cost will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

After moving out, I’d still be out of pocket $750 to $1,500 a month to cover vacancy, capital expenditures, maintenance, and property management.

It's just the AC and some deferred maintenance that it really needs.  

Should be a lot less maintenance for the first 5 to 7 years for sure too.   

The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.

Two out of three are well below market rent, so I am trying to bring them up annually.